Monthly Archives: November 2017

62 Insane Facts About Bitcoin [Infographic – Updated October 2017] (BitcoinPlay) Bitcoin is a virtual currency that uses Blockchain technology for secure payments and storing money electronically, without requiring a bank or a person’s name. Satoshi Nakamoto created this cryptocurrency back in 2009. The biggest advantage of Bitcoin is that …

Australia Statement on Monetary Policy “The Australian economy is expected to expand at a solid pace over the next couple of years, and labour market developments have been quite positive of late. The drag on growth from the end of the mining investment boom has eased and is likely to …

Trump leaves China with symbolic wins, severe selloff in U.S. stocks averted, and Saudi Arabia’s crackdown intensifies. Here are some of the things people in markets are talking about. Stand on Ceremony (Bloomberg) U.S. President Donald Trump didn’t appear to convince Chinese President Xi Jinping to up the pressure on North Korea during …

Daimler(DAI) Technical Outlook A historical high at $96. 44 -0.93% USD/share was made for DAI (Daimler) in the year 2015; after that the price was losing in value heavily and reached a low at $ 52.16 USD/share in 2016. Since that time DAI has been trading in a corrective …

AUD/USD in our technical point of view is just forming a swing low in its upward movement at D1 TF; the sign for that low is of course in a forming period and needs some more confirmations to lead the price action to a higher level in the next time. …

The day ahead- 9th November 2017 Lots of economic data and events scheduled for today and all with low to medium volatility risks associated. Data released so far: United Kingdom: RICS house price balance up 1 percent in October. Australia: Investment lending for homes down 6.2 percent …

NZD/USD upside pauses at 20-dma, finds little impetus from china’s mixed inflation data RBNZ left rates unchanged, but the Kiwi found support from the policy announcements, with the outlook for an early 2019 hike maintained. RBNZ left the Official Cash Rate (OCR) unchanged at 1.75 percent forecasting rates rising in …

Chinese Yuan trades marginally lower despite higher than expected CPI data USD/CNY is currently trading around 6.6272 marks. It made intraday high at 6.6341 and low at 6.6248 levels. Intraday bias remains neutral for the moment. A sustained close above 6.6248 marks will test key resistances at 6.6405, 6.6464, …

Kiwi appreciates against major peers as RBNZ stands pat AUD/NZD is currently trading around 1.1035 marks. Pair made intraday high at 1.1044 and low at 1.1010 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.1096 mark. A sustained close above 1.1017 will drag the …

Trump meets Xi in China, RBNZ delivers a hawkish hold, and U.S. tech titans save the day. Here are some of the things people in markets are talking about. (Bloomberg) …in a China Shop U.S. President Donald Trump is in Beijing, where he’ll look to wrestle concessions from Chinese President Xi Jinping on …

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